3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Bio-Techne Cp
Our trading algorithm values Bio-Techne Cp (TECH) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $282.86 |
| 60 Day Prediction | $272.11 |
| 60 Day Pred - Lower Bound | $249.69 |
| 60 Day Pred - Upper Bound | $294.72 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.613 * nr_days_in_the_future + 290.500
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
TECH traded at $282.86 this Saturday October 15th, gaining since last week.
Looking back, over the last month, TECH has been loosing $-17.23 or -6.09 percent.
Over the last year, it has been loosing $-224.47 or -79.36 percent.
Seasonality of Bio-Techne Cp
Using our AI model, we have been analyzing the value change for Bio-Techne Cp depending on the day or month of a year. This can be seen in the following graph:
